Plan Ledger DOL Form 5500 · updated monthly

Snyder & Associates, Inc.401(k)

SNYDER & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · ANKENY, IA · plan year 2024

Reported admin expense ratio · 2024
0.20%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Snyder & Associates, Inc. reported $110,505 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,546 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.17% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 162nd-largest of 878 plans among Iowa employers on file, and the 2,381st of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,002,770
Participants with balances369
Active participants297
Employer contributions$1,350,220
Employee contributions$2,689,998
Employer contribution per active participant$4,546
Average account balance$162,609
Benefits paid to participants$2,224,552
Plan auditUnmodified (clean) audit opinion
AuditorMARSHALL VANDERLINDEN
Plan history3
Yearassets · accounts · employer contribution
2024$60.0M · 369 accts · $1.4M emplr
2023$51.7M · 362 accts · $750K emplr
2022$43.2M · 358 accts · $750K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,294
Investment management$106,211
Total administrative$110,505
The Snyder & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$4,546
Median for plans this size$3,635
2024$4,546 per active participant
2023$2,483 per active participant
2022$2,568 per active participant

Snyder & Associates, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$53,813
EMPOWER ADVISORY GROUP, LLC · Investment management$52,398

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$110,505 · 0.20%
2023$92,316 · 0.19%
2022$81,962 · 0.17%
Same employer
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Dentons Davis Brown PC IA$77.0M · 0.12%
Honkamp Krueger & Co., P.C. IA$66.3M · 0.21%
Brown Winick Law Firm IA$62.8M · 0.12%
Veenstra & Kimm, Inc. IA$57.1M · 0.27%
Rdg Planning & Design, Inc. IA$57.0M · 0.29%
Quality Consulting, Inc. IA$49.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421379015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.